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vairavan (accountant)     01 August 2021

REVENGE CHARGE MECHANISM

RCM IS NOW ACTIVE OR NOT PLEASE REPLY IF YES KINDLY SHARE NOTIFICATION



 6 Replies

Sourav

Sourav (Student)     01 August 2021

Yes RCM is active
CA Altamush Zafar

CA Altamush Zafar (GST Consultant)     01 August 2021

Yes rcm is very much applicable. Refer section 9(3) of cgst act and 5(3) of igst act along with notifications
Sateesh Kumar

Sateesh Kumar   02 August 2021

RCM 9(4)
i am Kashif

i am Kashif   02 August 2021

Yes active
RENU SHARMA

RENU SHARMA   02 August 2021

Yes RCM is applicable section 9 (3) and (5)
CA Akshay Hiregange

CA Akshay Hiregange (Partner - Audit & Assistance)     02 August 2021

9(4) is active, but requirement to pay RCM on purchase from unregistered persons is presently applicable only to real estate sector and not applicable to all registered assessees. It was removed from 13th October 2017 and has not been functional since (other than for real estate).


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